[ad_1]
International Implant Trading Group Imlitex Holdings has sold a private investor to Arka Business Center, located at King Mindaugas Avenue, Kaunas. The transaction was negotiated by the international consulting firm NT Newsec. This is the first NT transaction of this magnitude in Kaunas.
The "Arch" office building at King Mindaugas Avenue, next to the "Acropolis" and "Zalgiris" arena, was inaugurated on March 16th. It is the first clbad A business center in Kaunas. The total area of the building is 11,600 square meters and the investment in the building amounts to 14 million. Eur. The construction of the seven-storey business center was completed in 2018.
Imlitex Holdings sought several thousand square meters of premises in its modern and central premises for its new office, but without finding their needs they have decided to invest in building a business center meeting modern standards.
"While developing our activities in Kaunas, we realized that we wanted to work in a modern office, but we did not find such an object in Kaunas.With the author of the project, Natkevičius & Partners , the architect Gintautas Natkevičius and in consultation with NT Newsec, we reached the desired goal: we have created a business center for modern concepts, in which will be located the most successful companies. Over the years, the plans have become a reality and today we are working in a very modern office for 4 months, where the central business district of Kaunas has started to develop. , the management of NT objects is not our main business, therefore, we sold the building with our goal – to have modern premises.According to Bernard Velikonio, Investment Advisor at Newsec, the sale of Arco is the first of the q Business transaction office business and divestiture transaction in Kaunas (investors also acquired the business centers Clbad B "Baršausko 66" and "Kauno Dokas"). The interest of pre-investors for the purpose, even at the stage of its development, has shown that market players are satisfied with the office market in Kaunas. In addition, the development of the "Arka" business center has been one of the main factors that have encouraged other investors to start the development of a central business district.
Newsec
"Paradoxically The trend where Kaunas, significantly less attractive to investors, outperforms the business of Vilnius investment operations. shows not only the potential of the Kaunas market, but also confirms some stagnation in Vilnius ", – says B. Velikonis.
In the first half of this year, more than 30 thousand were rented in Kaunas. kv. Modern offices, and most new objects are open with less than 15%. The vacancy rate
The seven-story business center has received a lot of attention from tenants – "Arka" was opened fully occupied, tenants have signed long-term leases. According to B. Velikonis, Investment Adviser Newsec, because of the prosperous job market, growing foreign investment and the dynamic real estate market, Kaunas becomes an equivalent competitor of the capitals of the Baltic countries and, in the future, the volume of commercial investments in NT transactions could further increase. High level premises are currently rented by Swedbank, on the 4th floor of the Happspace offering spaces for cooperation, on the 5th floor by IT Helix, and Imlitex Holdings Group is located on the 6th and 7th floors of Arka. The restaurant "Snobs", owned by the owners of UOKSAS restaurant, one of the thirty largest companies in Lithuania, will soon open its doors in Arké.
Each building of the company has recreational areas for employees. but also special rooms with showers and storage cabinets. In addition to underground and terrestrial parking, electric charging stations are also equipped.
During the transaction, Imlitex Holdings provided legal advice to Cobalt, and Ellex Valiunas to the buyer.
[ad_2]
Source link
